Compute the following: Prime Cost (in dollars)& Prime Cost (Percent) Sales Food $366,412 73% Bar 138,222 27

Compute the following: Prime Cost (in dollars)& Prime Cost (Percent)

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Sales Food $366,412 73% Bar 138,222 27 Total sales $504,634 100.0% Cost of sales Food Bar $128,944 35% 29,978 22 Total cost of sales $158,922 31.5% Gross profit $345,712 68.5% Operational expenses Wages Vacation and retirement Payroll taxes Employee meals $151,402 10,093 30.0% 2.0 5,407 1.0 2.0 10,067 Salaries 12,617 15,008 7,511 2.5 Supplies Maintenance and repair Laundry and uniforms Advertising Dishes, glassware, etc. Heat, light, and power Office expenses 3.0 1.5 11.608 2,418 23 0.5 7,710 15,001 15 3.0 7,065 14 Total operational expenses $255,547 50.6% Occupancy expenses Capital costs (interest, mortgage) S15,140 35,327 3.0 7.0 Rent Insurance Depreciation Taxes 2,487 20,167 0.5 4.0 10,008 2.0 Total occupancy expenses $83,149 16.5% Total operational and occupancy expenses $338,696 67.1% Net profits $7,016 14% Sales Food $366,412 73% Bar 138,222 27 Total sales $504,634 100.0% Cost of sales Food Bar $128,944 35% 29,978 22 Total cost of sales $158,922 31.5% Gross profit $345,712 68.5% Operational expenses Wages Vacation and retirement Payroll taxes Employee meals $151,402 10,093 30.0% 2.0 5,407 1.0 2.0 10,067 Salaries 12,617 15,008 7,511 2.5 Supplies Maintenance and repair Laundry and uniforms Advertising Dishes, glassware, etc. Heat, light, and power Office expenses 3.0 1.5 11.608 2,418 23 0.5 7,710 15,001 15 3.0 7,065 14 Total operational expenses $255,547 50.6% Occupancy expenses Capital costs (interest, mortgage) S15,140 35,327 3.0 7.0 Rent Insurance Depreciation Taxes 2,487 20,167 0.5 4.0 10,008 2.0 Total occupancy expenses $83,149 16.5% Total operational and occupancy expenses $338,696 67.1% Net profits $7,016 14%

Answer rating: 100% (QA)

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